Baltic, Banks, Financial Services, Loan

The bank's credit portfolio grew by EUR 23 million. Meanwhile, the group's total liabilities, capital, and reserves reached EUR 324.8 million – a EUR 12.8 million increase.

"Bigbank Group continues its rapid growth in all countries, and Latvia has managed to maintain its leader positions. We have been investing a lot more in staff training programs this year than in the previous years, which has been acknowledged by our clients whose satisfaction with service quality is growing," says Artis Berzins, the head of Bigbank branch in Latvia.

The bank's total interest income amounted to EUR 59.68 million – a EUR 6.32 million or 11.8% increase. Meanwhile, the bank's interest expenditure was EUR 7.6 million, as compared with EUR 7.99 million in the previous period.

By the end of last year, Bigbank Group had signed 176,000 loan agreements – 41,000 in Estonia, 70,000 in Latvia, 32,000 in Lithuania, 15,000 in Finland, 11,000 in Spain, and 7,000 in Sweden.

Bigbank is a credit institution with Estonian capital that has branches in Finland, Sweden, Latvia, Lithuania, and Spain, and offers its products as a cross-border service in Germany, Austria, and the Netherlands.